The World Bank has released an economic assessment report for Sub-Saharan Africa and cautions that Kenya is walking a tightrope in trying to push reforms, including higher taxes, to net much-needed revenue in the wake of subdued collections and high debt financing requirements.
Andrew Dabalen, World Bank African Region chief economist, spoke to Business Daily about the prospects of Kenya’s economic revival amid headwinds including high debt service costs and underlying inflationary pressures.
